NEOS GeoSolutions, Inc. has completed airborne acquisition operations, with the full support of its local partner Petroserv SAL, on its previously announced neoBASIN regional geoscience project in Lebanon.

This survey, which covers 6,000 square kilometers, including the onshore northern half of the country and the transition zone (TZ) along the Mediterranean coastline, has been designed to map the regional prospectivity by integrating legacy well and 2-D seismic data with other newly acquired airborne geophysical datasets, including: magnetic, electromagnetic, radiometric, gravity, and hyperspectral, which oil & gas companies then analyze to determine the area's potential for hydrocarbon exploration and development.

His Excellency Mr. Arthur Nazarian, Lebanese Minister of Energy and Water, commented, 'Members of the biggest international oil & gas companies have showed a great deal of interest in the eastern Mediterranean region, including Lebanon. The airborne techniques being used by NEOS on this project utilize a proven, multi-measurement exploration methodology that leading international oil & gas companies have relied upon in both frontier and mature areas to support their exploration and investment decisions.'

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